25880 Broadway Ave Bedford, OH 44146-6325
This exceptional investment opportunity presents a single-tenant, 8,320 square foot Family Dollar store situated on a 1.15-acre lot in Bedford, Ohio. Built in 2016, the property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $115,196. The property benefits from a triple-net (NN+) lease with a credit-rated tenant, ensuring consistent cash flow. The lease, commencing May 12, 2015, has a remaining term of approximately 6.6 years, with six 5-year renewal options, each including a 10% rent increase. Located at the hard corner of Broadway Ave & Alexander Rd, this property offers excellent visibility and accessibility. The property is part of a larger portfolio of Dollar Stores and is offered at $1,440,000. The location is strategically positioned within a densely populated market, just 30 minutes from downtown Cleveland, offering significant growth potential. This is a rare opportunity to acquire a stabilized, high-performing retail asset with a long-term lease and a strong tenant. The property's location and tenant history make it an attractive investment for both seasoned and new investors seeking a stable, high-return investment in the Cleveland MSA. The building is 100% occupied.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Bedford, OHBedford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.